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AlkalineFX
Sep 5, 2022 7:29 AM

EURUSD: No Man's Land 🔄 

Euro Fx/U.S. DollarFXCM

Description

From a swing trader perspective, price is currently in no man's land. ⚠️

I would advise not looking for long-term swing opportunities until the price has either:

1) Swept liquidity from the un-mitigated supply and last swing high. (Sell Opportunity)

2) Swept liquidity from the mayor monthly order block low. (Buy Opportunity)

With the majority of the market sentiment buying, I assume price will just continue to drop to gather more and more likely, but whatever comes first I will take with my team.
Until then we must sit on our hands and make the most of some intra-day scalps.

Good luck trading this week guys!

Comments
heartfirevictoria
no man land 😂
AlkalineFX
JoeChampion
More probably to the downsides!
AlkalineFX
@JoeChampion, Time will tell!
TheSignalyst
I liked the title mate. took my attention. no man's land indeed
AlkalineFX
@TheSignalyst, Thanks boss!
Tradersweekly
Thank you for the content.
AlkalineFX
@Tradersweekly, I got you!
Junmadayag
we will probably see a recovery before ecb rate decision the prolly a true direction will come. i have been bearish on this since three weeks
AlkalineFX
@Junmadayag, This makes sense to me yes! Stay bearish until buyers are fed up of losing.
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